Thai premier resigns as party leader after election

Thai premier resigns as party leader after election

Thai Prime Minister Abhisit Vejjajiva resigned Monday as leader of the Democrat Party after a resounding defeat in weekend polls that paved the way for the country's first female prime minister, DPA reported.

The 46-year-old, Oxford-educated premier, a 20-year veteran of Thai politics, announced his resignation after the Democrats won 159 seats in the lower house of Parliament in Sunday's general election, compared with 265 for the opposition Pheu Thai Party, according to the Election Commission's preliminary count of more than 99 per cent of the ballots.

"As leader of the Democrat Party, in acknowledgement that we have won fewer seats this time than in the 2007 election, I need to accept responsibility and have decided to resign," Abhisit said after he saw his party's seats drop from the 164 it won in the December 2007 polls.

Abhisit's successor as prime minister was set to be Pheu Thai's Yingluck Shinawatra, sister of fugitive former prime minister Thaksin Shinawatra, after her party won a clear majority of the 500 contested seats.

The voting results have left Thailand neatly divided along regional lines with Pheu Thai dominating the north and north-east while the Democrats have retained their popularity in the south and Bangkok, Thailand's more prosperous areas.

Other smaller parties that won seats were Bhumjaithai, 34 seats; Chatthaipattana, 19; Chatpattana Pheupandin, seven; Palang Chon, seven; Rakprathetthai, four; Matabum, two; Raksanti, one; Mahachon, one; and the New Democrat Party, one.

The Election Commission's count was still unofficial. Over the next two weeks, it is to investigate hundreds of allegations of vote buying and election fraud that could lead to several elected candidates losing their seats and the dissolution of political parties.

At a press conference late Sunday, Yingluck confirmed that Pheu Thai had already approached Chatthaipattana to form a coalition government. Chatpattana Pheupandin was also expected to join.

Abhisit, 46, conceded defeat Sunday night and vowed to turn the Democrat Party into an effective opposition.

Yingluck, a former businesswoman with no political experience other than her successful election campaign, is now on track to become premier after her brother, still popular despite being ousted in a 2006 coup and the de-facto Pheu Thai leader, picked her as its prime minister candidate, describing her as his "clone."

Thaksin, a former billionaire telecommunications tycoon who has been living in self-imposed exile since 2008 to avoid a two-year jail sentence on a conviction for abuse of power, acknowledged in an interview that his little sister faces "a tough job" ahead of her.

Thailand has been deeply divided since early 2006 when Bangkok's middle classes and political elites turned against Thaksin's increasingly autocratic, self-serving rule.

He was toppled in a military coup, sentenced and had 46 billion baht (1.5 billion dollars) in family assets confiscated by the Supreme Court in 2010.

Any efforts by Pheu Thai to grant Thaksin an amnesty would run into serious opposition, analysts said.

Turkmenistan participates in UNWTO-led discussion on fighting COVID-19
Turkmenistan participates in UNWTO-led discussion on fighting COVID-19
Turkey's export to OIC member states shrinks
Turkey's export to OIC member states shrinks
Turkmenistan takes part in CIS discussion on fight against COVID-19
Turkmenistan takes part in CIS discussion on fight against COVID-19
Loading Bars
Latest
IFC co-ops with Uzbekistan on planning of future projects
20-odd airlines to resume flights to and from Cyprus
India pledges 15 million USD to international vaccine alliance
Baku expected to hold European Championships in Men's and Women’s Artistic Gymnastics in late 2020
UN Office on Drugs and Crime, Turkmenistan discuss joint projects
Demand from banks at foreign exchange auction decreases in Azerbaijan
Georgia takes steps to foster development of local businesses
Turkey plans to resume flights with Azerbaijan soon
WHO mission to visit Turkmenistan
Cashless transactions in Azerbaijan on rise from Mar. through Apr. 2020
GNERC reveals market share of Georgian mobile operators
Representatives of diplomatic corps in Azerbaijan may work on weekends
GNERC reveals number of mobile subscribers in Georgia
Online payments grow in Kazakhstan
Global expenditures of oil & gas exploration to decline
COVID-related economic consequences to test Kazakhstan insurers' resilience
TABIB: Decision, rules related to international flights to be announced soon in Azerbaijan
Turkey's export of electrical goods from Jan. through May 2020 drops
11 insurers increase payment of insurance claims in Azerbaijan
Azerbaijani Operational Headquarters: Domestic flights may be renewed in coming days
Android OS ranks first in Azerbaijani market albeit with lower percentage
Uzbekistan's Ministry of Energy, EBRD developing low carbon energy strategy
Georgia implements new agricultural project
Azerbaijan's Elektrogas LLC unveils plans on manufacturing combi devices
Azerbaijan records multi-fold increase in online sales amid COVID-19
Kazakhstan's state commission to prepare strategic development plan till 2025
TABIB recommends journalists, other employees of news agencies in Azerbaijan to work from home
Georgia records over 150 cases of illegal logging
12 insurance companies reduced collection of premiums in Azerbaijan in April 2020
Kazakhstan's Agrarian Credit Corporation makes decision on dividend payments
Turkish ministry discloses volume of crude oil transshipped via local ports
All pharmacies, stores to be closed in some Azerbaijan's cities on weekend
Two-three-day restrictions may be introduced during following weekends in Azerbaijan
German auto stimulus to boost VW's electric push
Russia's Eximbank opens correspondent accounts for Uzbek banks
Georgia works with foreign experts on post-crisis economic plan
TAP announces changes in market test schedule
Production volume, cost of panel radiators in Azerbaijan announced
Nine Azerbaijani insurers increase collection of premiums in April 2020
Azerbaijan's Elektrogas talks opening of plant for manufacturing heating equipment
Uzbekistan reveals data on future projects in Syrdarya region
Data on naphtha shipment via Turkish ports from Jan. through Apr. 2020 revealed
Azerbaijan reports 262 new COVID-19 cases
Supply of gas to remote areas of Turkmenistan's Dashoguz region increasing
Baku Stock Exchange holds auction on placement of Central Bank's notes
Russian ETN-Cyclone commissions coal chemical plant in Kazakhstan
UNICEF Uzbekistan opens tender for purchase of off-road vehicles
Iranian president inaugurates 8 water, power projects
EU supports Azerbaijan's integration to green economy - FAO
AIIB may co-fund COVID-19 response, expenditure support program in Kazakhstan
Fitch affirms three private banks of Uzbekistan with Stable outlooks
Ireland seeks health officials' backing to speed up reopening plan
Spain maps route for late June tourism opening
France says German recovery plan 'good news', French plan due soon
Uzbekistan sends another batch of wild cherries to South Korea
Stock market expert outlines low-risk sectors in Iran
Residents of some Azerbaijan’s cities may leave homes upon special permission
Uzbekistan issues first license for wholesale of alcohol products
BP, SOCAR agreed on transition period for SCP operatorship
Azerbaijan announces allowed activities during strengthened quarantine
Spain's lower house opens process to create digital tax on internet giants
Kazakhstan's oil & gas company opens tender for oil waste processing
Kazakh-Chinese company to buy spare parts for pumps via tender
Azerbaijani PM appeals to population due to sharp increase in number of cases of coronavirus infection
Azerbaijan's PM talks new restrictions due to spike in COVID-19 infections
Geostat: Trade sector has highest share in total turnover of Georgia's business sector
Amazon in talks to buy $2 billion stake in Indian telco Bharti Airtel
Central Bank of Azerbaijan unveils value of deposits in national currency
Customs service of Turkmenistan improves export control
Total purchases of goods and services by Georgian enterprises up
Azerbaijani Mortgage and Credit Guarantee Fund discloses number of apartments rented by citizens
Azerbaijan to tighten quarantine regime in some cities
Uzbekistan creates inter-parliamentary groups with France, Belgium
Uzbekistan to create joint project institute with South Korean company
Georgia reveals amount of funds to pay debt
Kazakhstan to revisit investment projects pool to up funds attraction
Azerbaijani MP says quarantine regime may be re-applied due to increase in infection cases
Turkey unveils data on cargo transshipment through Istanbul port
Iran reveals its COVID-19 data for June 4
Kazakh company launches camel milk export to China
Azerbaijan discloses data on payments in insurance market for April 2020
Exports from Mexico to Azerbaijan increase 225.49% in first quarter of 2020
LVMH has explored coronavirus impact on Tiffany deal terms
Foreign investments in Uzbekistan grow
Saudi Aramco to delay July OSPs pending OPEC+ meeting
German economy should reach pre-crisis level in H2 2022
OPEC+ may meet this week if laggards agree to comply
Azerbaijani Azexport portal to launch contactless delivery service
Business sector turnover expands in Georgia
Transshipment of goods from Spain via Turkish ports revealed
Georgia reports one new COVID-19 case
Enthusiasm for possible OPEC+ extension subsides
Average monthly amount of mortgage loans in Azerbaijan hits record high
FAO, Azerbaijan to develop new program
Desalination plant construction to kick off in Kazakhstan's semi-desert zone
Kazakhstan resuming passenger train runs on local routes
LUKOIL's gas production in Uzbekistan down
Uzbekistan starts production of high quality motor oils
Azerbaijan's SOFAZ reveals gas sale revenues for January-June 2020
Turkmenistan puts Aral Sea region in focus, following water quality assessment
All news